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Listed by Benjamin Rubalcava, DRE #01877582 • Re/Max Partners
$724,999
Est. payment /mo
3 Beds
2 Baths
1,781 SqFt
Pending
4187 Dwight AVE Riverside, CA 92507
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Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 1,781 sqft
Price per Sqft $407
MLS Listing ID CRIG26134128
Bedrooms 3
Full Baths 2
Year Built 1943
Lot Size 7,841 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Rare Opportunity with Future Upside! This unique property features two beautifully finished homes on one lot, thoughtfully positioned on opposite sides of the property to maximize privacy and functionality. Both residences are fully operational and showcase quality workmanship, creating an ideal setup for multigenerational living, rental income, or owner-occupancy with supplemental income potential. As an added bonus, the seller has already consulted with an architect and obtained conceptual plans illustrating the potential placement of a third home on the property (buyers should verify all development possibilities with the appropriate agencies). Whether you're looking for a turnkey investment, a family compound, or a property with future expansion potential, this offering combines immediate usability with exciting long-term possibilities. Cap rate reflects a stabilized, pro forma analysis based on market rents and reassessed property taxes, resulting in a 5.9% projected return.
Location
State CA
County Riverside
Area 252 - Riverside
Rooms
Kitchen Microwave, Oven - Gas
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry Other
Exterior
Fence 2
Pool 31, None
View Local/Neighborhood
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 221051020
Special Listing Condition Not Applicable
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